The Expected result of a Management function is Evaluating (Controlling).
<h3> What do managers evaluate in the controlling function?</h3>
- The concept of management involves controlling and guiding personnel and resources within the organization.
- It includes planning, making decisions, motivating, leading, and carrying out different functions to achieve goals and objectives efficiently and effectively.
- The functions of management are interconnected, and differentiation between them is highly subjective. Therefore, they are non-linear.
- The control function assesses whether goals were achieved and is often used to evaluate the performance of employees, departments, and the organization as a whole.
- The measurement of performance can be done in several ways, depending on the performance standards, including financial statements, sales reports, production results, customer satisfaction, and formal performance appraisals.
- Managers at all levels engage in the managerial function of controlling to some degree.
- Controlling involves ensuring that performance does not deviate from standards.
- Controlling consists of three steps, which include (1) establishing performance standards, (2) comparing actual performance against standards, and (3) taking corrective action when necessary.
- Performance standards are often stated in monetary terms such as revenue, costs, or profits but may also be stated in other terms, such as units produced, number of defective products, or levels of quality or customer service.
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Answer: Compare another period > Previous year (PY)
Explanation:
QuickBooks Online is an accounting service provided to small and medium businesses to help them with their accounting needs even with the most rudimentary of knowledge.
Should you want to view a client's income and expenses over the past two years, use the compare another period and then the Previous year option. The income and expenses will be shown for the current year and the last one making it 2 years.
Answer:
Is equal to zero if the decrease in the net fixed assets is equal to the depreciation expense
Explanation:
Net capital spending in domain of finance can be regarded as net amount that is been spent by a firm for the purpose of acquiring fixed assets at a particular period of time, this gives indication regards the growth of that fixed assets of that particular company. During the expansion phase there is usually high amount of net capital spending. It should be noted that Net capital spending Is equal to zero if the decrease in the net fixed assets is equal to the depreciation expense
Answer:
Yes, it is a binding contract.
Explanation:
A contract is a legal binding agreement between two or more parties at the court of law. The agreement could be in terms of money, services, right or duties between the parties involved.
Since a consent has been reached between the two parties before the judge, Charles would pay the sum in the stipulated manner. The acceptance of the offer of payment by Sandra made it a binding contract for Charles, so he is bound by this service until he pays the full amount to Sandra.
Answer:
$188,947
Explanation:
Data provided in the question:
Future value = $190,000
Time, t = 270 days = \text{ 270 days } =
= 0.73973 years
Interest rate = 0.75% = 0.0075
Compounded quarterly i.e number of periods n = 4
Now,
Future value = Amount invested × 
or
$190,000 = Amount invested × 
or
$190,000 = Amount invested × 
or
Amount invested = $188,947
